Bell Financial Group (ASX:BFG) Dividend Payout Ratio: 0.36 (As of Dec. 2025) — 54% Below Median


ASX:BFG Bell Financial Group Ltd ASX:BFG
58 GF Score
Price A$1.43
GF Value A$1.55
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Bell Financial Group Dividend Payout Ratio?

Bell Financial Group ASX:BFG -1.04% 58 Dividend Payout Ratio is 0.36 as of Dec. 2025, which is 54% below its 10-year median of 0.78. GuruFocus rates ASX:BFG with a GF Score™ of 58/100 and a GF Value™ of A$1.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 327 Capital Markets companies, Bell Financial Group ranks worse than 74.01% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Bell Financial Group's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.36.

The historical rank and industry rank for Bell Financial Group's Dividend Payout Ratio or its related term are showing as below:

ASX:BFG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.78   Max: 1.13
Current: 0.62

During the past 13 years, the highest Dividend Payout Ratio of Bell Financial Group was 1.13. The lowest was 0.58. And the median was 0.78.

ASX:BFG's Dividend Payout Ratio is ranked worse than
74.01% of 327 companies
in the Capital Markets industry
Industry Median: 0.34 vs ASX:BFG: 0.62

As of today (2026-06-29), the Dividend Yield % of Bell Financial Group is 6.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bell Financial Group was 12.94%. The lowest was 4.28%. And the median was 6.52%.

Bell Financial Group's Dividends per Share for the months ended in Dec. 2025 was A$0.03.

During the past 12 months, Bell Financial Group's average Dividends Per Share Growth Rate was -12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bell Financial Group was 66.30% per year. The lowest was -50.40% per year. And the median was 10.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Bell Financial Group (ASX:BFG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Bell Financial Group Dividend Payout Ratio Related Terms

Bell Financial Group Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Bell Financial Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bell Financial Group Dividend Payout Ratio Chart

Bell Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.13 0.99 0.83 0.62

Bell Financial Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.77 0.91 1.38 0.36

ASX:BFG vs MS, GS, SCHW: Dividend Payout Ratio Comparison

For the Capital Markets subindustry, Bell Financial Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bell Financial Group Dividend Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bell Financial Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bell Financial Group's Dividend Payout Ratio falls into.


ASX:BFG
58GF Score
Bell Financial Group Ltd ASX:BFG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bell Financial Group Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Bell Financial Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.07/ 0.113
=0.62

Bell Financial Group's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.03/ 0.084
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.36 mean?
Bell Financial Group (ASX:BFG) has a Dividend Payout Ratio of 0.36 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bell Financial Group and its competitors. This is 54% below median its historical median of 0.78. Over the past decade, Bell Financial Group's Dividend Payout Ratio has ranged from 0.58 to 1.13. According to the industry distribution chart, Bell Financial Group ranks #242 out of 327 companies in the Capital Markets industry, placing it in the top 74%.
Is Bell Financial Group's Dividend Payout Ratio too high?
Bell Financial Group's current Dividend Payout Ratio of 0.36 is 54% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.13. The Capital Markets industry median Dividend Payout Ratio is 0.34. Bell Financial Group's value of 0.36 is 5.9% above this industry median. Based on the distribution chart, Bell Financial Group ranks #242 out of 327 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Bell Financial Group has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bell Financial Group's Dividend Payout Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Bell Financial Group ranks #242 out of 327 companies for Dividend Payout Ratio. This places Bell Financial Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.34. Bell Financial Group's value of 0.36 is 5.9% above this benchmark. Historically, Bell Financial Group's own Dividend Payout Ratio has ranged from 0.58 to 1.13 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.34, Bell Financial Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Capital Markets company?
The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bell Financial Group's current Dividend Payout Ratio of 0.36 is 5.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bell Financial Group and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Financial Group's current Dividend Payout Ratio is 0.36, which is 54% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Bell Financial Group (ASX:BFG) is currently considered Fairly Valued. The stock's GF Value™ is A$1.55, compared to a current price of A$1.43 — trading 8.1% below its estimated fair value. The current Dividend Payout Ratio is 0.36, which is 54% below median its 10-year median of 0.78 and 5.9% above the Capital Markets industry median of 0.34. Bell Financial Group's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Bell Financial Group (ASX:BFG), the current Dividend Payout Ratio is 0.36 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bell Financial Group (ASX:BFG) Overvalued in 2026?

Based on GuruFocus' analysis, Bell Financial Group stock appears to be undervalued. The current stock price of A$1.43 is trading 8.1% below its estimated GF Value™ of A$1.55. GuruFocus considers Bell Financial Group to be Fairly Valued.

Key valuation signals for ASX:BFG:

  • Dividend Payout Ratio: 0.36 (54% below median its 10-year median of 0.78)
  • GF Value™: A$1.55 vs. price of A$1.43 (8.1% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 5.9% above the Capital Markets median (#242 of 327)

No single metric tells the full story. See the ASX:BFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bell Financial Group Business Description

Address 101 Collins Street, Level 29, Melbourne, VIC, AUS, 3000
Bell Financial Group Ltd is a capital market service provider based in Australia. It is engaged in providing stockbroking, investment, and financial advisory services to private, institutional, and corporate clients. The reporting segments of the company are: Technology & Platforms, Products & Services, and Broking. Maximum revenue is generated from the Broking segment, which includes traditional retail client broking (Retail client focus) and traditional wholesale client broking services (Institutional and Wholesale client focus). The Technology & Platforms segment includes proprietary technology and platforms, including online broking, and the Products & Services segment represents its margin lending, cash, portfolio administration, and superannuation solutions products and services.
58GF Score

Get the complete analysis for ASX:BFG

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.43
Price
A$1.55
GF Value